Table of contents
How much is car insurance in Moncks Corner?
|Area||Average Monthly Car Insurance Premium|
As you can see, car insurance policies across the rest of South Carolina are about $24 a month cheaper than the rates drivers pay in Moncks Corner.
Compared to the national average cost of auto coverage, Moncks Corner has higher rates. It's around $43 more expensive to insure your vehicle in Moncks Corner compared to the average rate for the rest of the U.S.
While these are the average monthly costs for auto insurance coverage in Moncks Corner, you could end up paying something different. The amount that insurance companies end up charging you is determined by a number of factors. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly premium.
Don't sweat it however, we've broken down average rates for Moncks Corner residents so that you can get a more accurate idea of what you might pay. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP below to learn more about rates in your area!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
It makes sense that older drivers would have more experience behind the wheel. When it comes to auto insurance premiums, that experience pays off. In this case, 18-24-year-olds pay $111 more than someone who is at retirement age.
For every 10 years, you can expect to see a drop in your monthly premium. You may see your rates creep back up a bit once you hit retirement in Moncks Corner.
Average Car Insurance Rates by Gender
Car insurance rates for women are generally cheaper than they are for men. This rings true in Moncks Corner, where women pay around $7 less per month than men. As illustrated in the table above, male drivers in the area pay about $127 on average, while female drivers pay around $120 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary wildly. A clean driving record will get you a lower rate than one with even just a single accident or infraction. In Moncks Corner, a driving record with one accident will usually get you a rate around $158 a month. Likewise, if you have one ticket, you'll be looking at an average rate of around $173.
Wherever you live, accidents, tickets, and other driving infractions will almost certainly drive up your monthly bill. So, if cheaper car insurance is important to you, keep your record clean and drive safe.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$123|
|15 Years or Older||$114|
According to the first table above, the cheapest vehicles to insure in Moncks Corner are by and large trucks and vans, at $113 per month.
SUV drivers will see rates of about $114, while the rates for car owners average out to about $129 a month.
You can also expect to see slightly different rates depending on your vehicle's age. Generally, newer vehicles are going to be the most expensive to insure. Once your car is a few years old, however, your monthly bill may start to dip back down. In Moncks Corner, vehicles two-to -three years old are the most expensive to insure.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$127|
Generally, those who have settled down into marriage will pay slightly less for insurance coverage. This oftentimes is a result of owning multiple vehicles that are on the same policy, something some companies will reward with discounts.
At a national level, single drivers usually pay more than married couples do for auto insurance. Moncks Corner follows that pattern, with the difference totaling to around $17 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$179|
Another factor that comes into play is your housing status. Renters can expect to pay around $17 a month more than those who own their own home in Moncks Corner. Those who live with their parents, however, can expect to pay a lot more.
Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your overall costs.
Car Insurance Companies in Moncks Corner, SC
Recent trends in car insurance for Moncks Corner drivers
Given that average rates are often changing, it's a smart move to know the direction your area is trending before shopping for coverage.
In Moncks Corner, the rates for auto insurance had been decreasing from 2016-2017, before leveling out in 2018. Policy premiums finished down in 2021, at $117 per month
How does Moncks Corner compare to neighboring areas?
Why are car insurance rates in Moncks Corner different from other areas?
Car insurance companies look at many factors when they're choosing how much to charge for a policy. Your insurance policy will depend largely on where you park your car and will be influenced by things such as:
- Access to off-street parking
- General road safety (how many accidents each locality has)
- Number of drivers in the community
- Regional regulations
- Crime rates
An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.
How can I find the cheapest car insurance in Moncks Corner?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Fortunately, Compare.com does all of that work for you. Enter your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies that offer policies in Moncks Corner.
Moncks Corner Insurance FAQs
What factors affect car insurance quotes in Moncks Corner?
The factors that car insurance companies take into account when calculating your monthly cost include things you can't control like your age and gender, but also factors like your address, driving record, marital status, credit score, plus your vehicle's year and make and model.
Why is the cost of car insurance in Moncks Corner different from other neighboring cities?
Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like local laws, crime rates, and parking situations when calculating your quote -- all of which can change from city to city.
Which car insurance company will offer me the cheapest rate in Moncks Corner?
There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.
Do I need to change my insurance if I move to Moncks Corner?
Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Moncks Corner or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?